Groupon set to screw the Stock Market
Why did Groupon not sell out to Google? Simple: because it’s a lot easier to fuck dumb individual investors, courtesy of Wall Street, than to fuck one of the smartest companies in the world.
Google is not stupid and I would venture a guess that acquisition terms and the ability of Groupon investors and execs to cash out were predicated on performance targets that Groupon knew it couldn’t meet. The only choice it has now is to go public and raise capital to fund the business. Unfortunately for Groupon, it isn’t too big to fail.
Well said. Thank you, Sir.
28 giugno 2011 -- 0 commenti

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